Tax Reform
Learn about the latest tax reform developments and their potential impact on your clients' income, portfolios and financial plans more broadly.
President Paid 20% in Taxes, Calls for Higher Rates on Rich
By John SullivanIn what is sure to fuel conservative critics, the White House announced Friday that Barack and Michelle Obama paid an effective federal tax rate of 20.5% on income in 2011.
March 30, 2012
Why Washington Remains Graveyard of Bipartisan Dreams: News AnalysisDespite the pious talk of deficit-cutting centrists about the need to stop kicking the can down the road, a grand compromise will likely elude us until a leader emerges, Democrat or Republican, who can win over a large majority of the public to his vision of our society.
March 29, 2012
BRICS Hit West Over IMF, PoliciesThe BRICS were hitting Western nations on Thursday, pressing them for more voting rights at the IMF this year and assailing them over monetary policies they said put the stability of the global economy in danger.
March 26, 2012
State PPACA Reform News: Wash. State, Penn. Advance ReformsWashington State gets a new Exchange law, and Pennsylvania gets rate review.
March 20, 2012
Ryan’s GOP Budget Repeals AMT and Health Care Law, Reforms Tax CodeHouse Budget Committee Chairman Paul Ryan, R-Wis., released the House 2013 budget, which would reduce tax brackets from six to two and, like Obama's plan, cut corporate tax rate.
February 22, 2012
White House’s Corporate Tax Reform Derided by Republicans, BusinessesThe Obama administration has unveiled a framework for corporate tax reform that lowers rates while eliminating loopholes, but the proposal has already met with sharp criticism from Republicans and corporations for proposing a rate higher than the developed-country average.
February 21, 2012
FPA’s Bob Rodriguez: Window Narrowing to Avoid Fiscal DisasterThe famed money manager warned that next year would be the most crucial in the past 80 to right our fiscal path before budgetary financial pressures will explode."
February 17, 2012
Truth Talking on Taxes: Don’t Believe Everything You HearOur politicians and press distort the facts on what the wealthy actually pay in taxes, but the truth can set you free.